2026-04-20 11:51:54
ByteDance Reports 70% Net Profit Decline; Li Liang Attributes Drop to Accounting Factors and AI Investment Surge
ByteDance's net profit fell over 70% in 2025, primarily due to changes in stock costs rather than operational issues. Despite this, revenue growth was noted, especially from international markets and TikTokShop's expansion, although competition and regulatory challenges loom.